Category Archives: U.S. Treasury

WASHINGTON, DC—U.S. and EU participants in the U.S.-EU Joint Financial Regulatory Forum (“the Forum”) met virtually on March 24 and 25, 2021, to exchange views on topics of mutual interest as part of their ongoing financial regulatory dialogue. U.S. participants included officials from the U.S. Department of the Treasury and staff from independent regulatory agencies, […]

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with French Minister of Finance, the Economy, and the Recovery Bruno Le Maire. Secretary Yellen emphasized support for a strong economic recovery and explained the Biden-Harris Administration’s broader plans to support jobs and investment in the United States. The Secretary also expressed support for measures to […]

The United States commends Sudan’s Civilian-Led Transitional Government (CLTG) for moving forward with reforms that will help restore economic stability, advance the country’s efforts to secure debt relief, and ultimately improve the economic prospects of its citizens.  In recognition of the progress Sudan has made, yesterday Treasury provided same-day bridge financing of approximately $1.15 billion […]

My warmest congratulations to Wally Adeyemo, our new Deputy Secretary of the Treasury. The Senate confirmed him today in a broad bipartisan vote. Wally is everything the Treasury Department needs right now: He has spent his career working at the intersection of America’s national security interests and our economic ones. In the process, he’s become a […]

WASHINGTON – On Wednesday, March 31, Secretary Janet L. Yellen will preside over a meeting of the Financial Stability Oversight Council via videoconference.  The agenda will include both an open and an executive session.  The preliminary agenda for the open session includes climate change and its potential impacts on financial stability.  The preliminary agenda for […]

Chairman Wyden, Ranking Member Crapo, Members of the Committee: Thank you for inviting me to share these views on the international aspects of business tax reform. International tax reform feeds into our most important tax policy goals: building a tax system that is fit for purpose, fair, and focused on the needs of all Americans.   […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two military holding companies, Myanma Economic Holdings Public Company Limited (MEHL) and Myanmar Economic Corporation Limited (MEC).  The Burmese military controls significant segments of the country’s economy through these holding firms, which enjoy a privileged position in the Burmese […]

WASHINGTON – Today, the U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced they are disbursing approximately 37 million payments in the second batch of Economic Impact Payments from the American Rescue Plan. This brings the total disbursed payments from the American Rescue Plan to approximately 127 […]